Why Trump’s tariff tweet sparked market mayhem

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Why Trump’s tariff tweet sparked market mayhem:

Apparently, there’s nothing like a presidential tweet to reveal the biggest fear that cuts across all financial markets.

Investors “are being hit on two fronts as rising trade tensions hurt the growth outlook on the one hand, while the Fed simultaneously seems a little less willing to keep cutting rates,” he said. “It all adds up to a murkier macro environment that makes it harder to predict what earnings will look like down the road. That makes increased volatility more likely.”

— Mohamed A. El-Erian August 1, 2019 Treasurys Meanwhile, Treasurys rallied, sending yields sharply lower across maturities. Yields and debt prices move in opposite directions.

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 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

I’m certain Trump knowing his power has his agents to buy and sell stock accordingly

Wrong! Fed interest rate cut fueled mayhem. Let's get it right. Journalist with no integrity

just imagine if his inner circle know 5 minutes prior to the announcement.........

Market manipulation no doubt to an extent.

Because players love Chinese stock. ( cheap)

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